Alexandria Real Estate Equities, Inc. (NYSE:ARE) Receives Consensus Recommendation of “Reduce” from Analysts

Shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE) have received an average recommendation of “Reduce” from the sixteen research firms that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $52.6154.

Several analysts have issued reports on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Alexandria Real Estate Equities in a report on Friday, July 17th. Cantor Fitzgerald raised their price objective on shares of Alexandria Real Estate Equities from $43.00 to $52.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Royal Bank Of Canada cut their price objective on Alexandria Real Estate Equities from $60.00 to $50.00 and set a “sector perform” rating for the company in a research report on Tuesday, May 5th. Citigroup upped their target price on Alexandria Real Estate Equities from $42.00 to $50.00 and gave the company a “neutral” rating in a research note on Monday, August 10th. Finally, Morgan Stanley reiterated an “underweight” rating and set a $53.00 target price on shares of Alexandria Real Estate Equities in a report on Thursday, June 11th.

Insider Activity at Alexandria Real Estate Equities

In related news, CFO Marc E. Binda sold 2,000 shares of Alexandria Real Estate Equities stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $54.00, for a total transaction of $108,000.00. Following the completion of the sale, the chief financial officer owned 188,264 shares in the company, valued at approximately $10,166,256. This trade represents a 1.05% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 1.35% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ARE. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Alexandria Real Estate Equities by 102.4% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,245 shares of the real estate investment trust’s stock valued at $2,184,000 after buying an additional 11,762 shares during the period. NewEdge Advisors LLC grew its stake in Alexandria Real Estate Equities by 4,261.1% in the 1st quarter. NewEdge Advisors LLC now owns 3,140 shares of the real estate investment trust’s stock worth $290,000 after acquiring an additional 3,068 shares during the period. Empowered Funds LLC grew its stake in Alexandria Real Estate Equities by 4.8% in the 1st quarter. Empowered Funds LLC now owns 6,455 shares of the real estate investment trust’s stock worth $597,000 after acquiring an additional 296 shares during the period. Woodline Partners LP raised its holdings in Alexandria Real Estate Equities by 39.9% in the 1st quarter. Woodline Partners LP now owns 13,015 shares of the real estate investment trust’s stock valued at $1,204,000 after acquiring an additional 3,714 shares during the last quarter. Finally, Focus Partners Wealth raised its holdings in Alexandria Real Estate Equities by 171.5% in the 1st quarter. Focus Partners Wealth now owns 6,591 shares of the real estate investment trust’s stock valued at $610,000 after acquiring an additional 4,163 shares during the last quarter. 96.54% of the stock is currently owned by hedge funds and other institutional investors.

Alexandria Real Estate Equities Trading Down 0.0%

NYSE:ARE opened at $48.12 on Monday. The company has a market capitalization of $8.39 billion, a PE ratio of -7.94 and a beta of 1.15. The company has a quick ratio of 0.19, a current ratio of 0.19 and a debt-to-equity ratio of 0.67. Alexandria Real Estate Equities has a 52-week low of $39.41 and a 52-week high of $88.24. The stock has a fifty day simple moving average of $50.82 and a 200-day simple moving average of $49.78.

Alexandria Real Estate Equities (NYSE:ARE) last released its quarterly earnings data on Monday, August 3rd. The real estate investment trust reported ($0.43) EPS for the quarter, missing the consensus estimate of $0.09 by ($0.52). Alexandria Real Estate Equities had a negative return on equity of 5.21% and a negative net margin of 36.08%.The business had revenue of $662.78 million during the quarter, compared to analysts’ expectations of $464.86 million. During the same quarter in the prior year, the firm earned $2.33 earnings per share. Alexandria Real Estate Equities’s quarterly revenue was down 13.0% on a year-over-year basis. Alexandria Real Estate Equities has set its FY 2026 guidance at 6.350-6.450 EPS. On average, equities research analysts expect that Alexandria Real Estate Equities will post 6.37 earnings per share for the current fiscal year.

Alexandria Real Estate Equities Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were paid a dividend of $0.72 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 6.0%. Alexandria Real Estate Equities’s dividend payout ratio (DPR) is presently -47.52%.

About Alexandria Real Estate Equities

Alexandria Real Estate Equities, Inc (NYSE: ARE) is a real estate investment trust specializing in the ownership, development and management of collaborative life science and technology campuses. The company’s properties are designed to support research and innovation by providing specialized laboratory, office and manufacturing space tailored to biotechnology, pharmaceutical, academic and related industries.

Since its founding in 1994, Alexandria has cultivated a diversified portfolio of campuses across leading innovation clusters in North America and Europe.